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Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
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Federal student loan payments are starting again. Here's what you need to know
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Laser breakthrough could send stock soaring 2,467% (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The UAE holds an annual oil and gas conference just ahead of hosting UN COP28 climate talks in Dubai
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Bank of Japan survey shows manufacturers optimistic about economy
Jeff Bezos Backs "Drug Smuggler" to Fight Alzheimer's (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
Laser breakthrough could send stock soaring 2,467% (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The UAE holds an annual oil and gas conference just ahead of hosting UN COP28 climate talks in Dubai
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Bank of Japan survey shows manufacturers optimistic about economy
Jeff Bezos Backs "Drug Smuggler" to Fight Alzheimer's (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
Laser breakthrough could send stock soaring 2,467% (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The UAE holds an annual oil and gas conference just ahead of hosting UN COP28 climate talks in Dubai
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: Asian shares mixed as Japan business confidence rises and US shutdown is averted
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Bank of Japan survey shows manufacturers optimistic about economy
Jeff Bezos Backs "Drug Smuggler" to Fight Alzheimer's (Ad)
Facing increasing pressure from customers, some miners are switching to renewable energy
Grant program for Black women entrepreneurs blocked by federal appeals court
Laser breakthrough could send stock soaring 2,467% (Ad)
The death toll in a collapsed gold mine in Zimbabwe expected to rise to 13, vice president says
The UAE holds an annual oil and gas conference just ahead of hosting UN COP28 climate talks in Dubai
NYSE:CIB

Bancolombia (CIB) Stock Forecast, Price & News

$26.68
+0.35 (+1.33%)
(As of 09/29/2023 08:52 PM ET)
Compare
Today's Range
$26.41
$26.82
50-Day Range
$24.94
$30.57
52-Week Range
$21.55
$30.89
Volume
237,200 shs
Average Volume
327,677 shs
Market Capitalization
$6.42 billion
P/E Ratio
4.53
Dividend Yield
13.34%
Price Target
$30.25

Bancolombia MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
13.4% Upside
$30.25 Price Target
Short Interest
Healthy
0.52% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.24mentions of Bancolombia in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-4.26%
From $5.63 to $5.39 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.55 out of 5 stars

Finance Sector

276th out of 860 stocks

Commercial Banks, Not Elsewhere Classified Industry

10th out of 29 stocks


CIB stock logo

About Bancolombia (NYSE:CIB) Stock

Bancolombia S.A. provides banking products and services in Colombia, Panama, Puerto Rico, El Salvador, Bermuda, and Guatemala. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, and overdrafts; factoring; and financial and operating leasing services. The company also provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services, including selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency transaction services; life, auto, commercial, and homeowner's insurance products; telephone and mobile phone banking services; and online and computer banking services. Further, the company provides project and acquisition finance, loan syndication, corporate loans, debt and equity capital markets, principal investments, M&A, hedging strategies, restructurings, and structured financing; money market accounts, mutual and pension funds, private equity funds, payment and corporate trust, and custody; internet-based trading platform; inter-bank lending and repurchase agreements; managing escrow accounts, and investment and real estate funds; and transportation, securities brokerage, maintenance and remodeling, and outsourcing services, as well as provides technology services. Bancolombia S.A. was founded in 1875 and is headquartered in Medellín, Colombia.

CIB Price History

CIB Stock News Headlines

Something is Coming for America's Top Stock
This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.
Where BanColombia Stands With Analysts
Something is Coming for America's Top Stock
This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.
Bancolombia: Q2 Earnings Snapshot
Bancolombia S.A. GAAP reports Q2 results
See More Headlines
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CIB Company Calendar

Ex-Dividend for 7/14 Dividend
6/29/2023
Dividend Payable
7/14/2023
Last Earnings
8/09/2023
Ex-Dividend for 10/12 Dividend
9/28/2023
Today
10/01/2023
Dividend Payable
10/12/2023
Next Earnings (Estimated)
11/09/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
33,140
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$30.25
High Stock Price Forecast
$33.00
Low Stock Price Forecast
$27.00
Forecasted Upside/Downside
+13.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$1.36 billion
Pretax Margin
13.55%

Debt

Sales & Book Value

Annual Sales
$27.75 trillion
Cash Flow
$7.47 per share
Book Value
$33.27 per share

Miscellaneous

Free Float
N/A
Market Cap
$6.42 billion
Optionable
Not Optionable
Beta
1.25
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Key Executives

  • Mr. Juan Carlos Mora Uribe (Age 58)
    Pres & CEO
  • Mr. Carlos Daniel Raad Baene (Age 42)
    Investor Relations Director & Mang.
  • Mr. Rodrigo Prieto Uribe (Age 50)
    Chief Risks Officer & VP of Risk
  • Mr. Andres Vasquez Echeverri
    Pres of Nequi
  • Laura Clavijo
    Chief Economist
  • Mr. Rafael Barraza Domínguez
    CEO & Pres of Banco Agrícola SA
  • Ms. Aimeé Tialia Sentmat de Grimaldo (Age 53)
    CEO & Pres of Banistmo
  • Mr. Federico Jose Bolanos Coloma
    Pres of Banco Agromercantil de Guatemala - BAM
  • Mr. Jose Mauricio Rodriguez Rios (Age 51)
    VP of Internal Audit













CIB Stock - Frequently Asked Questions

Should I buy or sell Bancolombia stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bancolombia in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CIB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CIB, but not buy additional shares or sell existing shares.
View CIB analyst ratings
or view top-rated stocks.

What is Bancolombia's stock price forecast for 2023?

6 equities research analysts have issued 1-year price targets for Bancolombia's shares. Their CIB share price forecasts range from $27.00 to $33.00. On average, they anticipate the company's stock price to reach $30.25 in the next year. This suggests a possible upside of 13.4% from the stock's current price.
View analysts price targets for CIB
or view top-rated stocks among Wall Street analysts.

How have CIB shares performed in 2023?

Bancolombia's stock was trading at $28.54 on January 1st, 2023. Since then, CIB shares have decreased by 6.5% and is now trading at $26.68.
View the best growth stocks for 2023 here
.

Are investors shorting Bancolombia?

Bancolombia saw a decline in short interest in September. As of September 15th, there was short interest totaling 582,900 shares, a decline of 14.8% from the August 31st total of 684,000 shares. Based on an average trading volume of 273,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.5% of the shares of the stock are sold short.
View Bancolombia's Short Interest
.

When is Bancolombia's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our CIB earnings forecast
.

How were Bancolombia's earnings last quarter?

Bancolombia S.A. (NYSE:CIB) issued its quarterly earnings results on Wednesday, August, 9th. The bank reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.27 by $0.18. The bank earned $1.59 billion during the quarter, compared to the consensus estimate of $1.43 billion. Bancolombia had a trailing twelve-month return on equity of 18.40% and a net margin of 15.60%.

How often does Bancolombia pay dividends? What is the dividend yield for Bancolombia?

Bancolombia declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.7727 per share on Thursday, October 12th. This represents a $3.09 dividend on an annualized basis and a dividend yield of 11.58%. The ex-dividend date is Thursday, September 28th. This is a positive change from the stock's previous quarterly dividend of $0.70.
Read our dividend analysis for CIB
.

What ETFs hold Bancolombia's stock?

ETFs with the largest weight of Bancolombia (NYSE:CIB) stock in their portfolio include ALPS Emerging Sector Dividend Dogs ETF (EDOG).iShares Latin America 40 ETF (ILF).

Is Bancolombia a good dividend stock?

Bancolombia (NYSE:CIB) pays an annual dividend of $3.56 per share and currently has a dividend yield of 13.55%. CIB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 60.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIB will have a dividend payout ratio of 66.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIB.

What other stocks do shareholders of Bancolombia own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Bancolombia investors own include Ecopetrol (EC), Grupo Aval Acciones y Valores (AVAL), Pfizer (PFE), GSK (GSK), International Business Machines (IBM), AT&T (T), Tyson Foods (TSN), Verizon Communications (VZ), Wells Fargo & Company (WFC) and Walmart (WMT).

What is Bancolombia's stock symbol?

Bancolombia trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIB."

How do I buy shares of Bancolombia?

Shares of CIB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Bancolombia's stock price today?

One share of CIB stock can currently be purchased for approximately $26.68.

How much money does Bancolombia make?

Bancolombia (NYSE:CIB) has a market capitalization of $6.42 billion and generates $27.75 trillion in revenue each year. The bank earns $1.36 billion in net income (profit) each year or $5.89 on an earnings per share basis.

How many employees does Bancolombia have?

The company employs 33,140 workers across the globe.

How can I contact Bancolombia?

Bancolombia's mailing address is AVENIDA LOS INDUSTRIALES CARRERA 48 No 26 -85, MEDELLIN F8, . The official website for the company is www.grupobancolombia.com. The bank can be reached via phone at (574) 404-1837, via email at caa@bancolombia.com, or via fax at 574-404-5146.

This page (NYSE:CIB) was last updated on 10/2/2023 by MarketBeat.com Staff

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